France election: Macron says EU must reform or face 'Frexit'

[nitpicker]

http://www.bbc.com/news/world-europe-39766334

France election: Macron says EU must reform or face 'Frexit'

37 minutes ago

From the section Europe

The front-runner in the French presidential election has told the BBC that the EU must reform or face the prospect of "Frexit".
(snip)

"I'm a pro-European, I defended constantly during this election the European idea and European policies because I believe it's extremely important for French people and for the place of our country in globalisation," Mr Macron, leader of the recently created En Marche! movement, told the BBC.

"But at the same time we have to face the situation, to listen to our people, and to listen to the fact that they are extremely angry today, impatient and the dysfunction of the EU is no more sustainable. So I do consider that my mandate, the day after, will be at the same time to reform in depth the European Union and our European project."

Mr Macron added that if he were to allow the EU to continue to function as it was would be a "betrayal". "And I don't want to do so," he said. "Because the day after, we will have a Frexit or we will have [Ms Le Pen's] National Front (FN) again."
)snip)

[HoneyBadger]

1. While I like the sound of that

What does it mean?

[Ghost Dog]

2. Financial governance reform, as per the FT:

... A common fiscal policy, a joint finance minister, a eurozone debt instrument, and completion of the banking union...

https://ft.com/content/c9fe390a-2c02-11e7-bc4b-5528796fe35c